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. an executive who's advising the president gives us a plan for fixing the economy when we come back. in stuffing and more, the secret is swanson. i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bronchitis and emphysema. it should not be taken more than twice a day. symbicort may increase your risk of lung infections, osteoporosis, and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking it. with copd, i thought i'd miss our family tradition. now symbicort significantly improves my lung function, starting within 5 minutes. and that makes a difference in my breathing. today, we're ready for whatever swims our way. ask your doctor about symbicort. i got
of failure. >> pelley: if we go over the fiscal cliff, as it's called, what happens to the economy? >> look, if we go over the fiscal cliff, it will be very bad, hugely negative for the stock market, which is a source of people's wealth. people will feel poorer. if we go over for a short period of time and adjust it, we can repair some of those things. but what you won't repair is people's attitudes towards the united states as a responsible debtor. and that's very important. if we show that we're so irresponsible that we can't manage our affairs, people have no recourse but to invest with us today but they're going to work awfully hard to find alternatives very quickly. >> pelley: lloyd blankfein is among the world's most influential bankers, but he rarely does interviews. goldman sachs is the most successful investment bank on wall street with earnings last year of $4.4 billion. washington playing with fire? >> yes. yes. washington is playing with fire, and you don't get-- it's not like a football game where you get the two-minute warning. they don't-- you know, they don't tell you when y
of our economy and they are in a spending mood. the latest numbers show that 247 million went holiday shopping over the weekend and spent more than $59 billion. morsi 28 football fields. last cyber monday-- its busiest day of the year-- amazon processed 200 orders per second. amazon vice president craig berman says the company expects business this year will be even better. >> we've hired and are continuing to hire 50,000 seasonal workers to meet customer demand. >> reporter: that's in addition to amazon's 20,000 full time workers like packing manager mark pulley. >> we need to come up with a new word for busy. we've been on hyperdrive. >> reporter: across the country, online sales account for 10% of holiday purchases, says ellen davis with the national retail federation. >> the share of sales happening online is still fairly low. however, the internet influences now about 50% of what consumers buy. >> reporter: because shoppers look for sales and compare prices online before they buy. and that stretches over the whole holiday season. online sales jump more than 20% on black friday. a
productivity which creates higher potential for the future of the economy rather than just big homes. >> reporter: now, economists who favor lowering the cap on mortgage debt eligible for a deduction from a million dollars to $500,000 say it could help reduce the deficit and keep interest rates low and, scott, that could help the housing market all by itself. >> pelley: dean, thank you. just ahead, researchers have discovered a piece of world war ii history off the coast of florida. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include ch
seth doane on what that could mean for the economy. >> we're going to need a bigger car! the beatles' first audition. ♪ i saw a girl in my dreams -- >> and the executive who said they had no future in music. and scott pelley with the man who mobilized an army more than a million strong. children helping children. >> kids are looking to get involved. they're searching for it. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> good evening, scott's off tonight, i'm anthony mason. two days ago mohamed morsi won widespread praise for brokering a cease-fire between israel and hamas. today thousands of egyptians protested at morsi granted himself broad new powers, putting his decisions above any court. morsi called the move temporary but at least 100 people were injured as protesters clashed with police in cities across egypt, including alexandria and the capital. holly williams begins our coverage tonight in cairo. >> reporter: thousands of egyptians poured on to the streets, furious with the country's first democratically elected president. th
Search Results 0 to 4 of about 5